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Bank Space in Shopping Center
New
For Lease
$12 SF/Yr

1355 W King Street, Decatur, IL 62522

The space is in Fairview Park Plaza, a center with several restaurants, including Pizza Hut and Wingstop.

Space SizeContact for details
Days on Market2

Property Features for 1355 W King Street

General Information

Standard status Active
Zoning COM
Lease Type NNN

Lease Terms

Lease Rate $12 /SF/YR
Rent per SF/Year $12

Additional Details

Anchor Co-Tenants Pizza Hut, WingStop

Building Details

Year Built 1980
Stories 1
Tenancy Multi
Listing Agency: Main Place Real Estate
Listed By: Zane Peterson · License #471020044
Source: Lylecampbell
Added: Oct 29 Last Checked: Oct 29 at 2:43PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Main Place Real Estate

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This commercial space previously housed a financial institution and is located within Fairview Park Plaza Shopping Center in Decatur. The building dates to 1980 and carries COM zoning.

The center includes several restaurants, among them Pizza Hut and Wingstop. The property is at 1355 W King Street.

Key Highlights

  • Former financial institution space
  • Located in Fairview Park Plaza Shopping Center
  • Fairview Park Plaza includes Pizza Hut, Wingstop, and other restaurants

Property Analytics

Current Use

Western Union Bank

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Dental Office Kitchen & Bath Showroom Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

341
Businesses Nearby
69k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 40% Dining 25% Groceries 21% Apparel 8%
Hardee's Dining
9,800 visits/mo 0.4 miles
Circle K Shops & Services
8,672 visits/mo 0.5 miles
Save-A-Lot Groceries
8,051 visits/mo 0.4 miles
Dollar Tree Shops & Services
7,919 visits/mo 0.1 miles
Dollar General Shops & Services
7,183 visits/mo 0.1 miles

Demographics for 62522, IL

14,838
Population
7,215
Households
2.1
Avg Household Size
36
Median Age
26%
College-Educated
95%
High-School Grad
23.9 sq mi
ZIP Area
621
Density / Sq Mi
$51,689
Median Household Income
$36,551
Median Earnings
$783
Median Rent
$108,300
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Bank - The space is in Fairview Park Plaza, a center with several restaurants, including Pizza Hut and Wingstop.
Where is this bank located?
The property is located at 1355 W King Street Decatur, IL.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: Former financial institution space; Located in Fairview Park Plaza Shopping Center; Fairview Park Plaza includes Pizza Hut, Wingstop, and other restaurants
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